• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Cascade Valley Apartments For Rent
    • Cheney Apartments For Rent
    • Coeur d'Alene Apartments For Rent
    • Hayden Apartments For Rent
    • Moscow Apartments For Rent
    • Moses Lake Apartments For Rent
    • Post Falls Apartments For Rent
    • Pullman Apartments For Rent
    • Spokane Apartments For Rent
    • Spokane Valley Apartments For Rent
  • Houses For Rent
    • Cascade Valley Houses For Rent
    • Cheney Houses For Rent
    • Chewelah Houses For Rent
    • Coeur d'Alene Houses For Rent
    • Ephrata Houses For Rent
    • Hayden Houses For Rent
    • Liberty Lake Houses For Rent
    • Moses Lake Houses For Rent
    • Post Falls Houses For Rent
    • Pullman Houses For Rent
  • Condos For Rent
    • Cascade Valley Condos For Rent
    • Coeur d'Alene Condos For Rent
    • Hayden Condos For Rent
    • Liberty Lake Condos For Rent
    • Moses Lake Condos For Rent
    • Othello Condos For Rent
    • Ponderay Condos For Rent
    • Post Falls Condos For Rent
    • Pullman Condos For Rent
    • Sandpoint Condos For Rent
  • Townhomes For Rent
    • Cascade Valley Townhomes For Rent
    • Cheney Townhomes For Rent
    • Coeur d'Alene Townhomes For Rent
    • Hayden Townhomes For Rent
    • Liberty Lake Townhomes For Rent
    • Moses Lake North Townhomes For Rent
    • Moses Lake Townhomes For Rent
    • Otis Orchards Townhomes For Rent
    • Post Falls Townhomes For Rent
    • Pullman Townhomes For Rent
  • Help Center
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Spokane Valley, WA

What is the average rent in Spokane Valley, WA?

$1,263/month

Average Rent

711 Sq Ft

Average Apartment Size

-2.2%

Decrease in the Last Year

As of March 2026, the average rent in Spokane Valley, WA is $1,263 per month. This is 22% lower than the national average rent of $1,627/month, making renting in Spokane Valley more affordable than most cities in the US. When you rent an apartment in Spokane Valley, you can expect to pay about $1,263 per month for a studio, $1,263 for a one-bedroom apartment, and around $1,450 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,845 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,263/month
593 Sq Ft
One Bedroom
$1,263/month
711 Sq Ft
Two Bedroom
$1,450/month
955 Sq Ft
Three Bedroom
$1,845/month
1,256 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,232/month
622 Sq Ft
Two Bedroom
$1,749/month
1,009 Sq Ft
Three Bedroom
$2,351/month
1,677 Sq Ft
Four Bedroom
$3,085/month
2,532 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$2,178/month
1,556 Sq Ft

How much has average rent changed in Spokane Valley, WA?

In the past year, rent has decreased by 2.2%, which averages out to $27 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated March 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Spokane Valley, WA
Last Updated March 2026
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Spokane Valley, WA
Percentage*
Rent Range
1% Below $700/month
8% $700 - $1,000/month
50% $1,001 - $1,500/month
35% $1,501 - $2,000/month
6% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Spokane Valley?

Based on current rent prices, Dishman Hills, Opportunity and Woodland Terrace are the most affordable neighborhoods in Spokane Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Dishman Hills
$1,199/month
654 Sq Ft
Opportunity
$1,308/month
712 Sq Ft
Woodland Terrace
$1,316/month
741 Sq Ft
Mirabeau
$1,318/month
688 Sq Ft
Veradale
$1,488/month
781 Sq Ft
Shelley Lake
$1,500/month
858 Sq Ft
Greenacres
$1,646/month
763 Sq Ft
Spokane Business & Industrial Park
$1,718/month
745 Sq Ft

What are the most expensive neighborhoods in Spokane Valley?

Based on current rent prices, Spokane Business & Industrial Park, Greenacres and Shelley Lake are the most expensive neighborhoods in Spokane Valley.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Spokane Business & Industrial Park
$1,718/month
745 Sq Ft
Greenacres
$1,646/month
763 Sq Ft
Shelley Lake
$1,500/month
858 Sq Ft
Veradale
$1,488/month
781 Sq Ft
Mirabeau
$1,318/month
688 Sq Ft
Woodland Terrace
$1,316/month
741 Sq Ft
Opportunity
$1,308/month
712 Sq Ft
Dishman Hills
$1,199/month
654 Sq Ft

Which Spokane Valley neighborhoods have the most rentals available?

The neighborhoods in Spokane Valley with the most apartments available are Greenacres, Spokane Business & Industrial Park and Veradale .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Greenacres
$1,646/month
763 Sq Ft
Spokane Business & Industrial Park
$1,718/month
745 Sq Ft
Veradale
$1,488/month
781 Sq Ft
Opportunity
$1,308/month
712 Sq Ft
Mirabeau
$1,318/month
688 Sq Ft
Dishman Hills
$1,199/month
654 Sq Ft
Woodland Terrace
$1,316/month
741 Sq Ft
Shelley Lake
$1,500/month
858 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Spokane Valley, WA?

Because the average rent in Spokane Valley is $1,263, you’ll want to make about $4,210 per month or $50,520 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Spokane Valley, WA

1,412 Available Apartments for Rent

Search for Nearby Apartments

How does Spokane Valley, WA compare to other nearby cities and neighborhoods?

Use the tool below to compare Spokane Valley, WA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Spokane Valley, WA

Apartment Averages

Dishman Hills

Spokane Valley, WA

Spokane Business & Industrial Park

Spokane Valley, WA

Studio
$1,168/month
-
One Bedroom
$1,107/month
$1,132/month
Two Bedroom
$1,332/month
$1,342/month
Three Bedroom
$1,533/month
$1,506/month
Search
Search

Nearby City Rent Trends

  • Veradale Average Rent
  • Spokane Average Rent

Apartment communities in Spokane Valley we think you'll love

Mirabeau Place

Mirabeau Place

2605 N Robie Rd,
Spokane Valley, WA 99206

$1,046 - $1,200

2-3 Beds

The Quarry

The Quarry

16609 E Desmet Ct,
Spokane Valley, WA 99216

$1,450 - $2,000

1-3 Beds

Pine Valley Ranch

Pine Valley Ranch

3711 S Highway 27,
Spokane, WA 99206

$1,419 - $2,259

1-3 Beds

Carnahan West

Carnahan West

910 S Carnahan Rd,
Spokane Valley, WA 99212

$1,325 - $1,625

1-2 Beds

Property Management Companies in Spokane Valley, WA

Avenue5 Residential
Avenue5 Residential
  • 551

    Communities

  • 123,222

    Units

  • 220

    Cities

12 Communities in Spokane Valley
Black Realty Management, Inc.
Black Realty Management, Inc.
  • 40

    Communities

  • 2,985

    Units

  • 6

    Cities

12 Communities in Spokane Valley
McCathren Management
McCathren Management
  • 23

    Communities

  • 2,520

    Units

  • 9

    Cities

8 Communities in Spokane Valley
Prodigy Property Management
Prodigy Property Management
  • 40

    Communities

  • 5,164

    Units

  • 12

    Cities

6 Communities in Spokane Valley
Rudeen Development, LLC
Rudeen Development, LLC
  • 18

    Communities

  • 3,541

    Units

  • 6

    Cities

6 Communities in Spokane Valley
Greenstone
Greenstone
  • 10

    Communities

  • 1,447

    Units

  • 3

    Cities

6 Communities in Spokane Valley
Greystar
Greystar
  • 3,475

    Communities

  • 956,724

    Units

  • 896

    Cities

5 Communities in Spokane Valley
DGE  Investments
DGE Investments
  • 47

    Communities

  • 8,495

    Units

  • 18

    Cities

3 Communities in Spokane Valley

Learn More with Helpful Articles

Non-Monetary Factors to Consider When Renting or Buying a Home

Money isn't the only matter.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

Tips for Finding an Apartment in a New City

Concrete jungle or small-town suburb? Your new home awaits.

Moving Out of State: How to Start Your Apartment Search in a New State

Go the distance and find your new home.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Washington Spokane Valley Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Sitemap
apartments.com
© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity